How The MultiChain Gang NFT Launch Mints Work And How To Get One
On Wednesday, June 29, 2022 we are launching the first free MultiChain Gang NFT Collection mint on Ethereum. Thereafter we will be holding similar mints on other chains, until 25 total chains have been reached. The cap on each chain is 400, meaning the total collection (including upgrades) across all chains is 10,000. The next launch [...]
Announcing Changes to IGSP for Year 2 and Vote To Make Changes Early
Having run the Idexo General Staking Pool for 8 months now there have been several points of friction with the current set-up that have become obvious: Missing deadlines annoys users: Plenty of users who come across the project later than a deadline would like to be able to stake for full rewards however miss out because they missed a [...]
Locked Stake Definition
A locked stake is a stake whereby the initial deposit that created the stake can’t be withdrawn until a future specified date and time (timestamp). In the case of idexo stakes, these continue to earn rewards during these periods and the rewards can be withdrawn during the locked stake period though not the underlying tokens staked.
Evaluating Estimated APY After Q1 2022 Staking Rewards Claim Release
Yesterday we released claims for March 2022 and Q1 2022 and as a result can update estimated APY in 2 categories: (1) for October Stakers and (2) for people who would be Staking newly at the time of this post. Here are some highlights: $32,000 USDC was added to the pool in March, an increase of 14% over the previous high month in [...]
What is Staking? A Definition and More.
Locking tokens to support the utility of protocol or network and be rewarded for it over time. Some of the earliest staking contracts were related to Layer 1 networks (i.e. blockchain networks that form the basis for transactions and other functions such as smart contracts). Networks that use a Proof of Stake consensus type (instead of [...]
Introducing the NFTme Mobile App and Directional Staking Pool
Idexo is in the process of development and release of a new NFTme mobile app that makes it super easy to turn your selfies into NFT Collections and NFTs and list them for sale on a marketplace. We expect to release an alpha version to early release participants in the next few weeks and have a final version ready by Q2 2022. This [...]
Join our Community Key Event on January 26th
We are finally releasing our Community Key NFT that will grant access to all the activities that we are preparing for you! We have tons of ideas and features coming in the idexo’s universe but you will be able to join them only if you own the Key of our Spaceship! Participating in this event is free and open to all the people that [...]
Evaluating Estimated APY after Q4 2021 IGSP Staking Claims Release
Last week we moved the Idexo General Staking Pool from Ethereum to Fantom (in the process changing the primary reward token from USDT to USDC due to higher USDC liquidity on Fantom) and released reward claims for December 2021 and Q4 2021. Here are the highlights and updated estimated APY calculations: $20,000 USDC was added to the pool [...]
How to move your IGSP NFT from Ethereum to Fantom
The Idexo General Staking Pool (IGSP) has now moved to Fantom blockchain. This means much cheaper gas fees for claiming rewards and much quicker transactions. For new Stakers it also means much cheaper gas fees and quicker transactions for the initial Stake transaction as well. Here’s how you move your existing IGSP NFT from [...]
Idexo Community Goals for 2022
Idexo has set some project goals for 2022 related to community growth, as follows: 25 million IDO staked 1M+ Idexonauts To achieve 25M IDO staked we will continue to roll out new pools and products that add rewards to those pools. We are also instituting special ongoing dedicated reward pools for Early Stakers. We have also added a [...]